Rupee drops 7 paise to 90.96 against US dollar amid rising crude, strong greenback

• The rupee fell by 7 paise to 90.96 against the US dollar in early trade on Tuesday.
• Factors contributing to the fall include a rise in global crude oil prices and a stronger greenback.
• A weak start in domestic equity markets added pressure, though FII inflows prevented a sharp decline.
• The rupee opened at 90.91 and slipped to 90.96, down from Monday's close of 90.89.
• The dollar index rose 0.11 percent to 97.81, and Brent crude increased 0.85 percent to USD 72.10 per barrel.